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moeten 10 Part 1012 Required information [The following information applies to the questions displayed below) On January 1, when the market interest rate was 9

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moeten 10 Part 1012 Required information [The following information applies to the questions displayed below) On January 1, when the market interest rate was 9 percent, Seton Corporation completed a $200.000,8 percent bond Issue for $187.163. The bonds pay interest each December 31 and mature in 10 years. Seton martires the bond discount using the straight-line method 115 Required: 1. & 2. Prepare the required journal entries to record the bond issuance and the first interest payment on December 31. (if no entry is required for a transaction/event, select "No Journal Entry Required in the first account field. Round your answers to the nearest whole dollar:) Chod No Answer is complete but not entirely correct. De CA 167,163 Discount Payable 12.03 Band Payable 1 January 01 200 000 OOO OOO 16.14 2 December 31 16.00 145 Cash Dicon bords Pay

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